Medical Marijuana Inc (MJNA)

[StevenRisk]

Didn't MJNA grow their own hemp with all these non disclosed areas less than 2 years ago? Were not they going to integrate this and produce their own product? Please tell us how they gave away $50 Mil product and received shares equivalent to a 20% stake? Wasn't this the same company cooking the books showing the shares received as revenue? Looks like MJNA never changed its stripes after Llamas was gone IMO. Will they do the same thing with HempMeds? Is history going to repeat itself? Wasn't Phytosphere the golden goose? How is that working out for those shareholders which MJNA is still actively involved? Here is where that ended up. Again how long before they give HempMeds to someone for a 20% interest in shares with no cash? just asking...Here is how that one ended up!!!

On April 4, 2014, the Company announced that its previously issued financial statements for the quarters ended March 31, 2013, June 30, 2013, and September 30, 2013 would be restated due to errors associated with the purchase price allocation for the assets acquired related to PhytoSPHERE Systems. Shares of CannaVEST are down from a close of $30.00 per share on April 4, 2014, to a most recent close of $20.70 per share.